Company wins silver in Company
of the Year - East Canada category
and provides update on timing for release of 2018 year-end
results
MONCTON, NB, Nov. 30, 2018 /CNW/ - Organigram Holdings Inc.
(TSX VENTURE: OGI) (OTCQX: OGRMF), the parent company of Organigram
Inc. (the "Company" or "Organigram"), a leading licensed producer
of cannabis, is pleased to announce it has been named a silver
winner in the Company of the Year - East
Canada category in Best in Biz Awards, the only independent
business awards program judged each year by prominent editors and
reporters from top-tier publications in North America.
Organigram was recognized for its efforts to build a strong
corporate culture, state-of-the art production facility and
comprehensive commercialization plan in a new and constantly
evolving industry. As one of Canada's first licensed producers of cannabis,
the Company relied on business savvy and a stalwart commitment to
customer service to build a thriving business amid a rapidly
changing political and social climate.
Each year, Best in Biz Awards' entrants span the spectrum, from
some of the most recognizable global brands to the most innovative
local start-ups. The 8th annual program proved to be a particularly
tough competition, garnering close to 700 entries from an
impressive array of public and private companies of all sizes and
from a variety of geographic regions and industries in the U.S. and
Canada. Best in Biz Awards 2018
honors were conferred in 70 different categories, including Company
of the Year, Fastest-Growing Company, Most Innovative Company, Best
Place to Work, Support Department, Executive of the Year, Most
Innovative Product, Best New Service, CSR Program, Marketing
Campaign and Blog of the Year.
"We are proud to have been recognized by Best in Biz Awards,"
says Greg Engel, CEO, Organigram.
"Through a dogged commitment to product quality and innovation,
exceptional customer service and a positive and thriving corporate
culture, we have built a world-class facility imagined and
supported by a world-class team. We are proud to be based in
Eastern Canada and look forward to
continuing to build our reputation for excellence here at home,
across North America and
abroad."
Since 2011, winners in Best in Biz Awards have been determined
based on scoring from independent judging panels deliberately
composed each year of prominent editors and reporters from some of
the most respected newspapers, TV outlets, and business, consumer,
technology and trade publications in North America. Structured in this unique way,
Best in Biz Awards is able to best leverage its distinguished
judges' unparalleled expertise, experience and objectivity to
determine award winners from among the hundreds of entries. The
2018 judging panel included, among others, writers from Associated
Press, Barron's, Consumer Affairs, eWeek, Forbes, Healthcare
Innovation News, Inc., Investment Advisor Magazine, MediaPost, New
York Post, New York Times, Ottawa
Citizen and Wired.For a full list of gold, silver and bronze
winners in Best in Biz Awards 2018, visit:
http://www.bestinbizawards.com/2018-winners.
Update on Timing of Year-end Results
As a TSX Venture listed entity the Company is required to file
its financial statements for the year ended August 31, 2018 within 180 days (effectively, by
calendar year end). The Company previously announced that it
anticipated releasing its year end results on or about November 30, 2018. Due to process delays
outside of the Company's control, the Company currently expects a
modest delay on its anticipated release date and will provide an
update no later than December 7,
2018, the date scheduled for its annual and special
meeting.
About Organigram Holdings Inc.
Organigram Holdings Inc. is a TSX Venture Exchange listed
company whose wholly owned subsidiary, Organigram Inc., is a
licensed producer of cannabis and cannabis-derived products in
Canada.
Organigram is focused on producing the highest-quality,
indoor-grown cannabis for patients and adult recreational consumers
in Canada, as well as developing
international business partnerships to extend the company's global
footprint. In anticipation of the legal adult use recreational
cannabis in Canada, Organigram has
developed a portfolio of brands including The Edison Cannabis
Company, Ankr Organics, Trailer Park Buds and Trailblazer.
Organigram's primary facility is located in Moncton, New Brunswick and the Company is
regulated by the Access to Cannabis for Medical Purposes
Regulations ("ACMPR").
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release contains forward-looking information which
involves known and unknown risks, uncertainties and other factors
that may cause actual events to differ materially from current
expectations. Important factors - including the availability of
funds, consummation of definitive documentation, the results of
financing efforts, crop yields - that could cause actual results to
differ materially from the Company's expectations are disclosed in
the Company's documents filed from time to time on SEDAR (see
www.sedar.com). Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the
date of this press release. The Company disclaims any intention or
obligation, except to the extent required by law, to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
About Best in Biz Awards
Since 2011, Best in Biz Awards has made its mark as the only
independent business awards program judged each year by a who's who
of prominent reporters and editors selected from top-tier
publications from North America
and around the world. Over the years, Best in Biz Awards judges
have ranged from Associated Press to the Wall Street Journal and
winners have spanned the spectrum, from blue-chip companies that
form the bedrock of the world economy to local companies and some
of the most innovative start-ups. Best in Biz Awards honors are
conferred in two separate programs: North
America and International, and in 70 categories, including
company, team, executive, product, and CSR, media, PR and other
categories. For more information, visit:
http://www.bestinbizawards.com.
SOURCE OrganiGram